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Fiscal Requirements for Price Stability

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NBER2001-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8072
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This paper argues that maintaining price stability requires not only commitment to an appropriate monetary policy rule, but an appropriate fiscal policy rule as well. 'Ricardian equivalence' does not imply that fiscal policy is irrelevant, except in the case of a certain class of policies (called
创建时间:
2001-01-01
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